Quote from: Riginac111 on Today at 04:37:32 AM

Quote from: JayJuanGee on August 27, 2023, 05:20:41 AM

[edited out]

If I have known you too well since I registered in forum I would have been reading your post like taking a morning tea, this is kind of mindset I needs to follow some of investment plans, that means you most have been a rich people from the analysis of your other investment and together with your bitcoin investment, if someone should invest in bitcoin now with almost ten thousand dollars worth of bitcoin in this year 2023 and after 4 years and bitcoin increases more than its price now, how many x do you think will be the overall x of someone that invested with ten thousand dollars worth of bitcoin within the space of four years

How is anyone going to know that?

Sure, in my chart, I have attempted to show how the 200-week moving average might continue to go up based on how it has historically gone up while at the same time causing the slope to be less steep with the passage of time.

There are no guarantees, and even my slope might be incorrect, including that the 200-week moving average might end up going negative rather than having a positive slope.

My chart shows the 200-week moving average in mid to late 2027 to be between $110k and $126k.

Sure many of us are ok with lump summing into BTC, especially if you have the money available, but usually I tend to recommend to divide your current amount (which is the $10k in your example) into three parts, and then also to figure out your cashflow, but the way I am suggesting might not perform as well as a strict lump summing into BTC with the $10k at these prices.

Each of us has to decide for ourselves in regards to our approach, yet I have frequently found it good for me psychologically to have money to be able to buy on dips, but surely anyone might be kicking themselves if they have mostly ended up under investing because of holding money for dips that do not end up happening.

Quote from: 2Pizza410000BTC on Today at 07:12:01 AM

This is not my own research but from TBT chat GPT published a report on Bitcoin prediction in coming years especially halving years where Bitcoin price will be in 2024, 2028, 2032 and 2050. However, ChatGPT has revealed an upward trending market pattern. But it is not possible to discuss in detail here that many debates will arise as to how true the predictions of Chat GPT will be. But investing and holding Bitcoin is very important from ChatGPT's research. Because according to the prediction now is the right time to invest in Bitcoin.

Those conservative scenarios seem very conservative on the downside in terms of a $20k that does not move for any of the timeframes listed.

Quote from: adultcrypto on Today at 11:38:00 AM

Quote from: JayJuanGee on Today at 01:23:48 AM

Quote from: adultcrypto on August 27, 2023, 05:01:17 PM

Even though we might want to believe that it is never late to invest in bitcoin, I am sometimes tempted to think I did not really start early. If you compare the time and resources it will take someone to get 1BTC in say 2016... project it to now that 1BTC is above the annual earning of some jobs regarded as high paying;it is as if the train have left.

I would suggest that you try not to be envious of what other people did,

You are right because my comment have the tune of envy even though that was not what I intended to portray. Rather than that, I should see them as motivation and hope for the best in the future.

Even if you have good intentions and you are "admiring" early adopters rather than "envying" them, it still is a distraction to what should be important to you in terms of figuring out your own details and your own strategies, like I have largely already attempted to overview those ideas.

Quote from: adultcrypto on Today at 11:38:00 AM

If they could buy bitcoin against the huge uncertainty and media negativity then, indeed they should be a source of motivation. Those joining now have already seen what is possible in bitcoin so their believe and resolve is not as those of the earlier people.

Sure, you can see what bitcoin has been able to do, and you have seen that some people developed bitcoin commitment earlier than other people, yet to me, it does not seems to be anything to spend very much time thinking about.. but instead thinking about your own situation and what you are going to do.. including that we likely realize that past performance does not guarantee future results, and each of us has to surely account for that.. and one of the things that I have been mentioning is that 10 years ago, someone could have likely put $10 per week into bitcoin and they would be in a pretty decent position right now, and even if anyone right now puts $100 or even $1,000 per week into bitcoin, they are not going to catch up to the earlier BTC accumulator, presuming that the earlier BTC accumulator does not screw up too much.

But it might NOT be practical for people to be able to invest $1k per week into bitcoin for 10 years, and maybe the best that they can do is $100 per week, which may well be better than doing $10 per week right now.. but not better than $10 per week 10 years ago... but who would have known? We cannot go back, we can just attempt to figure out our position size and our approach based on our own circumstances, and we might well realize (and recognize) that now days it would be better to invest $100 per week, rather than $10 per week - based on where bitcoin is at now as compared to 10 years ago and also based on the dollar likely being less than half the value (maybe even less than 1/3rd) that it had 10 years ago.

Quote from: adultcrypto on Today at 11:38:00 AM

Quote from: JayJuanGee on Today at 01:23:48 AM

Yep.. and most people (maybe 99% or so) do not even know this information that you just described..

Even though the mainstream media will not actively advertise bitcoin and encourage people to go that way, don't you think a time might come when people will be constrained to ask questions? If peradventure we get to this level of inquiry, a good percentage of human population might likely go with bitcoin. This is a possibility but not certain it will happen and again, only time will tell.

Well, sure we cannot have confidence regarding how fast adoption will occur and whether it will continue to occur, even though there ongoingly seems to be a lot of evidence of continued BTC adoption.. and maybe not as fast as some people would like,... but maybe the faster adoption periods come during the BTC price rises that may or may not happen, and then we get into periods in which the rise in adoption is slower or even imperceptible because some folks are getting out while others are getting in, and maybe it can take a bit of time for the bitcoin adoption levels to get back to where it was during the hype period.. but still the overall trajectory seems to continue to be upwards.

Quote from: adultcrypto on Today at 11:38:00 AM

Quote from: JayJuanGee on Today at 01:23:48 AM

but even though you likely know something that other people do not, does not necessarily mean that your investment is actually going to end up paying off....

Whatever the outcome of bitcoin is, we are here for the long term. There is no business without risk so one should be ready to bear the risk that comes with bitcoin. In other words, even though I am optimistic that things will get better with bitcoin, I will allow prepare for any possible outcome since I am already applying risk management.

That sounds good.